In this course, you will learn foundations of financial accounting information. You will start your journey with a general overview of what financial accounting information is and the main financial statements. You will then learn how to code financial transactions in financial accounting language. In the meantime, you will learn about the most important concept in contemporary financial accounting: accrual accounting. You will then critically analyze how firms recognize revenues. Finally, you will finish the course with an analysis of accounting for short-term assets where you will go into detail on how firms account for accounts receivables and inventories. Upon successful completion of this course, you will be able to: • Understand main financial statements and the financial information they provide • Write a financial transaction in financial accounting language and understand how this impacts main financial statements • Understand how accrual accounting and fundamental accounting concepts work • Understand revenue recognition principles and how they impact main financial statements • Account for accounts receivables and inventories. This course is part of the iMBA offered by the University of Illinois, a flexible, fully-accredited online MBA at an incredibly competitive price. For more information, please see the Resource page in this course and onlinemba.illinois.edu....

practical.

Awesome explanation! adequate knowledge gained.

quedo agradecido con el curso correspondiente.

Very clear explanation with a lot of examples.

Great course! very detailed and well taught!

Awesome course.. Professor Oktay is amazing!

Really good, clear, and perfectly explained.

Excellent baseline, beginning level course.

It's a very useful course

I highly recommend

Interesting course, totally enlightening!!!

Very good course! I recommend it strongly.

muy bien explicado todo el curso, gracias!

Good and easy to follow, hands-on course.

Very clearly explained the basic concepts

I now understand more advance accounting.

Great instructor. Good course materials.

great course,great explanation of topic

Excellent class, learned a lot. Thanks

Thank you so much everyone! God Bless!

Excellent Course, excellent instructor

Outstanding! Absolutely recommendable!

TO REVIEW THE LEARNINGS

It was a very good foundation course.

Very well structured and explained.

Super initial accounting knowledge

Earn an Ivy League CS Master’s designed for non-CS majors

Easily transfer credits to earn your bachelor’s degree faster

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